160 Norses Bay Dr, Summerville, SC, 29486 | $622/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Summerville at 160 Norses Bay Dr, Summerville, SC, 29486 generates $2,609/mo in rent and, after a $1,634/mo payment, leaves $622/mo in cash flow. Total monthly income is $2,609/mo, and annual cash flow is $7,461/yr on $110,655 invested. Return on cash invested sits at 26.65% in year one, and rental yield is 9.38% on a $333,800 entry. Equity gained on principal adds $2,154/yr, while 5% annual appreciation builds toward $92,223 over five years. Five-year ROI reaches 138.69% and total cumulative return in cash sums $153,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,609/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA